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Parnassus Value Equity Fund's investment thesis on Waste Management ($WM) — Q4 2025 | Buyside Digest

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$WMNYSEWaste Management

BULL

Parnassus Value Equity Fund—WM

Fund Letter

Q4 2025

Published December 31, 2025

View Fund Profile

$228.49USD

+4.3% vs last month

$218.40Pitched

+4.6% since pitch

Market Cap$91.3B

P/E (TTM)N/A

52-Wk RangeN/A

Div. YieldN/A

Technical Chart

From the Fund Letter

Parnassus Value Equity Fund (Investor Shares) returned 5.40% in Q4 2025 and 19.04% for the full year, outperforming its benchmark, the Russell 1000 Value Index, which returned 3.81% and 15.91% respectively. Relative gains were...

— Krishna Chintalapalli, Mark Zagata

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